2421 S McClure St

Indianapolis, IN 46241
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3 bd, 1 ba | 760 sqft | Built in 1940

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List Price
$120,000

Initial Investment

$32,700

Purchase Price

$120,000

Down Payment

25%

Rent

$1,100

Total Return

$70,266

Annualized Return

26.8%

Cap Rate

6.8%

Gross Yield

11%

Cash Flow

$1,008

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,184

HOA

None

Flood Risk

Not Required

Charming 3-Bedroom Home in Wayne Township Welcome to your new home! This cozy 2-bedroom, 1-bathroom residence is ideally situated near the Sam Jones Expressway, offering quick and convenient access to all your needs. Whether you're a first-time buyer or looking for a great investment opportunity, this property is perfect for you! Step inside to find a warm and inviting living space that's ready to be personalized to your taste. The bedrooms offer ample natural light, creating a bright and cheerful atmosphere. The bathroom is well-appointed, ensuring comfort for you and your guests. Outside, you'll find a one-car detached garage, providing additional storage and parking options. The charming fenced-in backyard is perfect for pets, outdoor gatherings, or simply enjoying some fresh air in your own private oasis. Don't miss out on this fantastic opportunity in Wayne Township. Schedule your showing today and discover all the potential this lovely home has to offer!

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$2,608

Property Taxes

-$2,400

Loan Payments

-$6,524

Net Cash Flow

$1,008

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Miguel Rodriguez
Agent License RB19001190
Keller Williams Indy Metro W
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22026781
Last Updated: 03/17/2025 18:03
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